ITN Pension Scheme appoints Van Lanschot Kempen as its fiduciary manager
The Trustees of the ITN Pension Scheme have appointed Van Lanschot Kempen Investment Management UK (“Van Lanschot Kempen”) as its new fiduciary manager, following a competitive selection process led by Isio. This mandate win contributes £250 million to Van Lanschot Kempen’s total client assets under management.
Founded in 1955, ITN is recognised for its high-quality, broadcast and digital journalism. It continues to produce award-winning news content for ITV, Channel 4, and Channel 5 as well as long-form documentaries. The ITN Pension Scheme supports retired staff and has more than 1,300 members.
This mandate win builds on Van Lanschot Kempen’s fiduciary management expertise, with the team set to deliver a fully bespoke service in close collaboration with the Trustees. The investment strategy will be tailored to the Scheme’s core objectives, focusing on its current investment return, funding date, and liability hedging targets. It will also embed Environmental, Social and Governance (ESG) considerations throughout the process and ensure full transparency, enabling the Trustees to clearly assess value for money. The selection exercise was run by Isio’s oversight and selection team.
Lesley Everet, Chair of Trustees for the ITN Pension Scheme commented: “We appointed Van Lanschot Kempen as our fiduciary manager after an extensive, whole-of-market selection exercise with the help of Isio. We were impressed with their partnership model which will aim to deliver value through a combination of personal and team excellence. The strength of their communication skills and collaborative nature came across strongly in the tender process. We are very much looking forward to working with them.”
Vicky Casebourne, Head of Institutional Relations UK at Van Lanschot Kempen said: “We are delighted to have been chosen by the ITN Pension Scheme as their fiduciary manager. Throughout the rigorous selection process, we were impressed by the Trustees professionalism and expertise. We are committed to achieving the best outcomes for the members and look forward to building a long-term partnership.”
Alex Owen, Head of Fiduciary Manager Research, Isio, added: “After a thorough selection process, Isio is pleased to have supported the Trustees of the ITN DB pension scheme in the appointment of Van Lanschot Kempen. The UK market for DB pension schemes remains highly competitive. Van Lanschot Kempen were selected for their strategic ideas to address a combination of unique circumstances. Delivery of the scheme’s investment strategy is an important focus as is protecting against downside risk. Van Lanschot Kempen are well placed to help with these important considerations.”